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To: detective

Actually, ABC did a piece around 2004 or so about the housing bubble. It was on 20/20 I think. I remember a cartoon illustration of people (homeowners) chewing bubble gum and blowing bubbles that got progressively larger. The prediction was that all the chewing gum bubbles would pop and the people would have gum on their faces. I wish they’d pull that piece from the archives.


19 posted on 12/08/2011 7:24:11 AM PST by PrincessB (Drill Baby Drill.)
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To: PrincessB
“ABC did a piece around 2004 or so about the housing bubble”

The MSM did many reports about the housing bubble. What they did not report about was the systematic fraud in Freddie and Fannie and mortgage credit fraud.

The MSM consistently lied about that.

28 posted on 12/08/2011 8:41:25 AM PST by detective
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